Excise duty increased on petrol and diesel by Rs 3 per litre

Mar 14, 2020, at 05:36 pm

New Delhi/UNI: In the aftermath of the fall in crude oil prices in the international market, the Government has hiked the excise duty on petrol and diesel by Rs three a litre.

Government increases fuel excise duty by Rs. 3 per litre

Mar 14, 2020, at 02:09 pm

New Delhi/IBNS: Making the steepest hike in eight years, the Centre on Friday increased fuel excise duty by Rs. 3 per litre, media reports said.

Indian Rupee ends up by 30 paise against USD

Mar 13, 2020, at 06:01 pm

Mumbai/UNI: Erasing Thursday's losses, the Rupee on Friday smartly recovered by 30 paise to end strong at 73.92 on selling of US Dollars by bankers and exporters, dealers at Forex Market said.

Cabinet approves 4 percent hike in DA for central government employees

Mar 13, 2020, at 05:34 pm

New Delhi/IBNS: The Union Cabinet, chaired by the Prime Minister, Narendra Modi on Friday approved to release an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners.

ICICI Bank announces to invest Rs 1,000 cr in Yes Bank via equity

Mar 13, 2020, at 05:15 pm

Mumbai/UNI:  Largest private sector lender ICICI Bank on Friday said that its boards of directors in a meeting held on March 12 has approved an investment of Rs 1,000 crore in Yes Bank via equity route.

Indian Rupee down by 17 paise against USD

Mar 13, 2020, at 04:56 pm

Mumbai/UNI: The Rupee on Friday lost by 17 paise to 74.39 against the green back in early trade, on rising demand for US Dollars by bankers and importers,traders at the Forex Market said.

Indian market: Sensex rebounds 1325.34 pts

Mar 13, 2020, at 04:52 pm

Mumbai/UNI:  The benchmark index of Bombay Stock Exchange (BSE) on Friday jumped 1325.34 points to 34,103.48, sharpest one day recovery amid highly volatile session after fresh buying in Finance, Power, Telecom and Bank stocks putting aside worries of Cornovirus and positive global market.

State Bank of India surges 13.87 pc to Rs 242.25

Mar 13, 2020, at 04:51 pm

Mumbai/UNI: State Bank of India on Friday rallied by 13.87 pc to Rs 242.25 to be the top gainers in the 30 scrips index of Bombay Stock Exchange (BSE).

Bonanza for Central govt employees: Cabinet approves dearness allowance by 4%

Mar 13, 2020, at 04:36 pm

New Delhi/IBNS: Giving some good news to central government employees, the Cabinet on Friday approved 4 percent dearness allowance (DA) for them. 

Sensex, NIFTY recover after stock market reopens following a trading halt

Mar 13, 2020, at 10:50 am

Mumbai/IBNS: The BSE Sensex and NIFTY recovered after the stock market, which continued to bleed even in the morning, reopened followed by a 45-minute trading halt on Friday morning.

Trading halted for 45 minutes: Sensex, Nifty down

Mar 13, 2020, at 09:45 am

Mumbai/IBNS: The domestic trading market in India witnessed another day of mayhem as trading was stopped for 45 minutes shortly after the day's trade opened on Friday after the benchmark indices nosedived 10 per cent each.

Mayhem in Indian stock market, Sensex slides by close to 3,000 points

Mar 12, 2020, at 05:14 pm

Mumbai/IBNS: Amid the fear over the Novel Coronavirus outbreak, the Indian stock market witnessed yet another mayhem as Sensex suffered a slide of almost 3,000 points.

Change IBC to suit interests of small industries: Opposition

Mar 12, 2020, at 03:18 pm

New Delhi/UNI: The entire Opposition, including the Congress, said in the Rajya Sabha on Thursday that the Insolvency and Bankruptcy Code (IBC) Bill should be changed to suit the interests of small industries, to create employment opportunities in the country and encourage economic activity.

Indian market bleeds, down by over 3,000 points

Mar 12, 2020, at 03:17 pm

Mumbai/IBNS: Amid the fear over the Novel Coronavirus outbreak, the Indian market crashed on Thursday with BSE Sensex going down by over 3,000 points few minutes before the closing bell.

Indian market crashes, down by over 2,000 points

Mar 12, 2020, at 12:30 pm

Mumbai/IBNS: Amid the fear over the Novel Coronavirus outbreak, the Indian market crashed on Thursday with BSE Sensex going down by over 2,000 in few hours after the opening bell.

Indian market tanks, down by over 1,800 points

Mar 12, 2020, at 10:37 am

Mumbai/IBNS: Amid the fear over the Novel Coronavirus outbreak, the Indian market crashed on Thursday with BSE Sensex going down by over 1,800 in little more than an hour following the opening bell.

SBI removes charges on non-maintenance of average monthly balance for savings account

Mar 11, 2020, at 07:41 pm

Mumbai/IBNS: India's largest bank State Bank of India on Wednesday said it will do away with charges for non-maintenance of average monthly balance and SMS charges it levies on quarterly basis.

HeroMoto Corp up by 4.08 pc to Rs 2037.15

Mar 11, 2020, at 07:24 pm

Mumbai/UNI: HeroMoto Corp on Wednesday moved up by 4.08 per cent to Rs 2037.15 to be the top gainers in the 30 scrips index of Bombay Stock Exchange (BSE).

Indian Market: Sensex ends up by 62.45 pts

Mar 11, 2020, at 07:19 pm

Mumbai/UNI:  Snapping a losing streak of last two sessions, the BSE Sensex on Wednesday rose marginally by 62.45 points to end positive at 35,697.40, after a volatile session on fresh buying in Reliance Indusries, ICICI Bank, Hind Unilever and L & T stocks, despite a weak Asian Market.

Indian Market: Sensex falls 166 pts

Mar 11, 2020, at 05:27 pm

Mumbai/UNI: The benchmark index of Bombay Stock Exchange (BSE) Sensex on Wednesday declined 166 points to open at 35,468.90 as selling was seen in Realty, Technology, Power and Metal stocks.

Indian Rupee up 29 paise against USD

Mar 11, 2020, at 05:23 pm

Mumbai/UNI: The Rupee on Wednesday surged 29 paise to 73.80 in opening trade on selling of US Dollars by bankers and exporters, dealers at the Forex Market said.

SBI slashes MCLR 15 bps

Mar 11, 2020, at 05:22 pm

Mumbai/UNI: Largest public sector lender State Bank of India (SBI) has slashed Marginal Cost of Funds Based Lending Rate (MCLR) 15 bps across a few tenors.

Bank of England cuts main interest rate to 0.25 pc

Mar 11, 2020, at 03:42 pm

London/UNI: Bank of England (BoE) cut its main interest rate from 0.75 percent to 0.25 percent on Wednesday as part of a package of measures to cushion the impact of COVID-19.

User Reviews for Tata AIG's Insurance Talks About These 4 Things

Mar 10, 2020, at 07:56 pm

“Rock, paper, scissors are sitting in paper’s insurance office. Paper said, “Rock, I can cover you, but scissors, you’re a big risk for us.”

Yes Bank crisis: CBI searches 7 locations, files FIR against 5 companies, Rana Kapoor's family

Mar 09, 2020, at 05:51 pm

Mumbai/IBNS: A day after CBI registered an FIR against Yes Bank founder and its former MD Rana Kapoor under charges of criminal conspiracy and cheating, the central investigating agency searched seven locations in connection with the Yes Bank scam case, media reports said.

Bloodbath in Indian market as Sensex tanks 1,942 points, NIFTY down by 538 points

Mar 09, 2020, at 04:44 pm

Mumbai/IBNS/UNI: Amid the novel Coronavirus scare, crisis in Yes Bank and the downfall in the global market, the stock market in India witnessed a bloodbath with the fall of 1,942 points on Monday.

Tumble in oil prices will not kill shale industry, rather make it stronger - Fitch

Mar 09, 2020, at 01:32 pm

Moscow/Sputnik/UNI: Dmitry Marinchenko, the head of natural resources and commodities at Fitch Ratings, told Sputnik on Monday that the currents oil market crash would not impact the shale industry, but rather make it stronger, as it was in 2015-2016, and when the prices rise again, shale mining will start to grow.

Indian Market: Sensex tanks 1482 pts

Mar 09, 2020, at 12:18 pm

Mumbai/UNI: The benchmark index of Bombay Stock Exchange (BSE) Sensex on Monday dropped by 1482.26 points to 36,094.36 in opening trade on weak global cues amid the rapid spread of coronavirus across the world.

Oil prices drop sharply 

Mar 09, 2020, at 11:14 am

Moscow/Sputnik/UNI: Oil prices fell by more than 30 percent on Monday, in the wake of OPEC oil producers’ failure to agree on deeper production cuts.

Indian Rupee down by 21 paise against USD

Mar 09, 2020, at 11:10 am

Mumbai/UNI: The Rupee on Monday slipped by 21 paise to touch 74 level in opening trade on rising demand for US Dollars by bankers and importers, dealers at the Forex Market said.